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Ørsted to raise $9.4 billion in rights issue amid U.S. market challenges

1 min read
Source: CNBC
Ørsted to raise $9.4 billion in rights issue amid U.S. market challenges
Photo: CNBC
TL;DR

Orsted's shares dropped over 25% after the company announced a $9.4 billion rights issue due to adverse developments in the U.S. market, which prevented it from raising funds through a stake sale in the Sunrise Wind project.

Topics:top-newsbusiness#business#offshore-wind#orsted#rights-issue#sunrise-wind#us-market
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  1. Orsted plunges 26% as it plans $9.4 billion rights issue after ‘adverse' turn in U.S. market  CNBC
  2. Energy firm Orsted weighs up to 5 billion euros rights issue, Bloomberg News reports  Reuters
  3. Ørsted plans to raise $9bn in rights issue to shore up finances  Financial Times
  4. Stock Movers: Orsted, S4 Capital, Rheinmetall  Bloomberg.com
  5. Denmark's Orsted plans to raise $9.4 billion in rights issue  Yahoo Finance

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